Thursday, January 21, 2010

Two Bids For Mezhegei

Severstal and Evraz Group have both bid for the Mezhegei coking coal deposit in the Tuva region, Vedomosti said, citing unidentified people in the industry.

The Federal Subsoil Resources Use Agency will on March 2 award the license for the deposit, which contains as much as 214 million metric tons of coal, it said Wednesday.

Source: Moscow Times

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